The Accelerator Selection Tool is a public resource designed to help social entrepreneurs and impact accelerators more easily navigate the rapidly expanding ecosystem of support organizations. Access the tool here, and please scroll below for answers to questions we've received about the Beta version of the Accelerator Selection Tool.

Frequently Asked Questions& Answers

Q: I'd like to share the Accelerator Selection Tool on my website and help reach more social entrepreneurs; how can I add the tool to my site?

A: Please complete this Distribution Partner Request Form and we will be in touch with you to share the embed code so you may add the Accelerator Selection Tool to your site.

Q: My accelerator/incubator program is not listed in the tool, how do I add it?

A: First you will need to create an account with ImpactSpace which you can do here.

Once you've created your account, you can add a new listing to the database.

Currently Accelerator/Incubator programs are classified under "Add a new Impact Investor."  Once you are on the next page you will see "Accelerator/Incubator" under "Investor Type."

Q: How do I update my information if it is already listed on ImpactSpace?

A: When you search for your organization and find your profile you will see an "Edit" button underneath "Sector" - select that button and update your data.

NOTE: It does take 48 hours for ImpactSpace to approve updates to the database to ensure that everything being added is accurate.

 

Q: How do I find the top 5 accelerators worth researching?

A: The Accelerator Selection Tool uses "AND" logic for each of the filters.  Simply select the filters that best describe your venture and the tool will show the closest results.  Should there be no results that match your venture perfectly, simply click the "X" next to one filter at a time to broaden your results.

Q: What do you mean by impact region?

A: Impact region refers to the country where people most benefit from the social or environmental product or service provided by the venture.  For example the organization may be based in the United States but primarily serving people in Tanzania, and thus would select "Tanzania" as the Impact Region to find accelerators most aligned with their impact.

Q: What does travel required mean?

A: Some programs require that you attend some or all of the program in person and are indicated as "Yes" for travel required.  We were unable to determine if travel was required for all of the organizations, and recommend you also look at those program also listed as "Not Available" if you need to find more results.

Q: What do you mean by the different stages?

A: Stages are listed from earliest to latest:

  • Problem Identification: Research phase to understand the root causes of a problem that may lead to the development of a product or organization.
  • Idea: Idea phase about how to address a social or environmental problem and is looking for support in validating and testing that idea.
  • Prototype/Pilot: Entrepreneur(s) has developed an initial product prototype or program pilot to test their idea and is most likely pre-income/revenue
  • Early Customer Traction/Revenue: The Entrepreneur(s) has now developed an organization and has garnered their first customers or financial support from angels, friends, and family.
  • Starting to See Strong Traction: The organization is fully formed and is likely looking for support in fundraising from angels or securing debt capital or grants.
  • Solidifying Operations: The organization is no longer in start-up phase and has developed a strong product/service offering with consistent and diversified sources of revenue.  A company at this stage may be looking to expand their team, raise growth capital, scale operations to new countries, or identify operational efficiencies.
  • Rapid Growth: The organization has reached scale very quickly and is looking for support in operations, capital acquisition, customer retention, and is likely raising a series A or B round of capital to fund their growth strategy.

Q: When will the updated version of the Accelerator Selection Tool be launched?

A: We are currently fundraising to help launch a more robust version of the tool by Spring 2018.

Q: I'd like to donate to help launch an updated version of the tool; what will my contribution help fund?

A: Please refer to this document to learn more about how your financial donation will help launch the next phase of the Accelerator Selection Tool.

Q: Who can I reach out to if I have additional questions not answered here?

A: Please email [email protected] if you have any additional questions.

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